China

China

09 Aug 2022
The Asia–Europe trade could face “significant overcapacity” when port congestion and related bottlenecks are resolved due to the slump in demand growth that has been ongoing for more than a year, according to analyst Sea-Intelligence.
22 Jul 2022
Declining volumes, the Russia–Ukraine war, and a deteriorating economic outlook have left Europe’s busiest container port with a bleak outlook for the year.
21 Jul 2022
Lengthy delays at congested North European transshipment hubs will be avoided by a new direct service that has launched between China and Scotland.
19 Jul 2022
The cargo rush some expected after Shanghai’s warehouses and factories reopened once COVID-19 lockdown restrictions were lifted on June 1 has yet to materialize.
15 Jul 2022
East and Gulf coast ports in the first six months of 2022 continued to benefit from cargo diversions as national retailers sought to mitigate risk with the West Coast labor contract expiring on July 1.
14 Jul 2022
US imports from Asia hit a record for the month of June as consumers seemingly shrugged off rising inflation and maintained recent spending habits.
14 Jul 2022
South Korea’s highly profitable HMM has announced a massive investment plan that will extend the carrier’s reach deeper into the container supply chain.
11 Jul 2022
The degree to which US importers can negotiate lower service contract rates hinges on whether container lines can keep up spot rates, which are still three times higher than before the COVID-19 pandemic.
08 Jul 2022
US retailers are forecasting continued strong import volumes in the second half of the year, although not quite as high as the torrid pace of 2021.
08 Jul 2022
An ongoing shortage of capacity on the main trade lanes out of Asia and growing signs of declining demand are clouding the air cargo outlook for the remainder of the year.
08 Jul 2022
Forwarders say the intra-Asia market is likely to become more challenging in the third and fourth quarters with no significant increase in demand expected even as space and equipment availability remain tight.